Narmadesh Brass Industries IPO
Narmadesh Brass Industries is a BSE SME IPO is expected to be priced soon with an issue size of 8,71,200 shares (agg. up to ₹45 Cr). The IPO opens on Jan 12, 2026 and closes on Jan 16, 2026, with a lot size of 240 shares and a minimum investment is yet to be announced.
Narmadesh Brass Industries IPO
- IPO Dates
- Jan 12, 2026 – Jan 16, 2026
- Price band
- — per equity share
- Minimum Investment
- —
- Issue size
- 8,71,200 shares (agg. up to ₹45 Cr)
- Lot size
- 240
- Allotment Date
- Jan 19, 2026
- Listing
- Jan 21, 2026
- Listing At
- BSE SME
IPO timeline
-
Jan 12, 2026
Open Date
Completed
-
Jan 16, 2026
Close Date
Completed
-
Jan 19, 2026
Allotment Date
Completed
-
Jan 21, 2026
Listing Date
Completed
Narmadesh Brass Industries IPO Live Subscription Details
View Subscription DetailsNarmadesh Brass Industries IPO subscription status shows demand across QIB, NII, and retail categories, helping investors understand participation levels.
Last updated:Narmadesh Brass Industries IPO Essentials
Narmadesh Brass Industries IPO Details
Narmadesh Brass Industries IPO has a total issue size of 8,71,200 shares (agg. up to ₹45 Cr) and will be listed on BSE SME. Price band & Lot size details are yet to be announced.
- Issue price
- To be announced
- Lot size
- 240 shares
- Face value
- ₹10 per share
- Issue size
- 8,71,200 shares (agg. up to ₹45 Cr)
- Listing at
- BSE SME
- Listing date
- Registrar
- Kfin Technologies Ltd.
- Lead manager
-
Aryaman Financial Services Ltd.
Market Lot Size
Investors can bid for a minimum of 480 shares and in multiples thereof. The following table depicts the minimum and maximum investment by Retail Investors and HNI in terms of shares and amount.
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Retail (min) | 2 | 480 | ₹247200 |
| Retail(max) | 2 | 480 | ₹247200 |
Narmadesh Brass Industries IPO Documents
Narmadesh Brass Industries IPO Reservation
Narmadesh Brass Industries IPO reservation details show category-wise allocation of shares. Out of the total 871200 shares, approximately 47.38% for NII, 47.38% for retail investors, and 5.23% for market maker.
| Investor Category | Shares Offered | Maximum Allottees |
|---|---|---|
| Market Maker Shares Offered | 45600 (5.23%) | |
| NII (HNI) Shares Offered | 412800 (47.38%) | |
| Retail Shares Offered | 412800 (47.38%) | |
| Total Shares Offered | 871200 (100%) |
Narmadesh Brass Industries IPO Analytics
Narmadesh Brass Industries Valuations
Earnings
- EPS Pre IPO
- ₹26.23/-
- EPS Post IPO
- ₹25.87/-
- P/E Pre IPO
- 19.63
- P/E Post IPO
- 19.9
Returns
- ROE
- 49.99%
- ROCE
- 23.29%
- RoNW
- 49.99%
- PAT Margin
- 6.52%
Fundamentals
- Price / Book
- 5.50
- Market Cap
- 159.7 Cr.
Narmadesh Brass Industries Financials( In Crs.)
| 30-Sep-25 | 31-Mar-25 | 31-Mar-24 | 31-Mar-23 | |
|---|---|---|---|---|
| Assets | 63.10 | 59.66 | 46.68 | 22.00 |
| Revenue | 34.21 | 88.05 | 79.06 | 60.09 |
| Profit After Tax | 4.01 | 5.72 | 7.10 | 0.89 |
| Net Worth | 22.46 | 11.45 | 5.73 | 8.30 |
| Reserves & Surplus | 23.30 | 12.69 | 6.97 | N/A |
| Total Borrowing | 19.21 | 24.73 | 22.43 | 5.94 |
Narmadesh Brass Industries Company & Offer Insights
About Narmadesh Brass Industries
Narmadesh Brass Industries Ltd. is a modern brass manufacturing company based in Jamnagar, Gujarat.
The company’s manufacturing facility spans 6,293 m², situated at Plot Nos. 5, 8 & 9 in the Shree Ganesh Industrial Hub, Jamnagar – a city renowned as India’s “Brass City” due to its dense concentration of brass producers.
Narmadesh specializes in producing a wide variety of brass products for both domestic and export markets. Their portfolio includes:
Their in-house processes ensure tight control over quality, from production to dispatch.
The company holds ISO 9001:2015 certification for its Quality Management System, reflecting strong adherence to international quality benchmarks.
This includes its capabilities in casting and forging operations, all executed within the same premises.
As of September 30, 2025, the firm employed 81 contract labourers to support its manufacturing operations.
Brass Billets
Brass Rods
Brass Valves (including ball valves and NRVs)
Plumbing and Sanitary Fittings (including lead-free options)
Agricultural Sprayer Parts and Garden Fittings
Customization via Casting, Forging, Turning, CNC & VMC Machined Components.
A well-equipped, ISO-certified manufacturing facility located in the brass-rich hub of Jamnagar (often referred to as “Brass City”) ensures efficiency and supply chain advantages.
Full process control—from raw brass billet casting to finished product dispatch—allows better quality assurance and responsiveness to client needs.
Experienced promoters and management team, including leadership by Hitesh Pragajibhai Dudhagara and others who bring continuity from the prior partnership structure.
Narmadesh Brass Industries Promoter(s)
M/s. Sprayking Limited, Mr. Hitesh Dudhagara, Mrs. Ronak Dudhagara are the company's promoters of Narmadesh Brass Industries.
Narmadesh Brass Industries IPO Issue Objectives
- •
- Repayment/ prepayment, in full or in part, of certain outstanding borrowings
- •
- Purchase of machinery and equipment
- •
- Funding Working capital requirements
- •
- General Corporate Purpose
Contact Information
Contact Details
Narmadesh Brass Industries
+91 028 95299401
https://www.narmadeshbrass.com/
Plot No. 5, 8 & 9, Survey No. 433, Shree Ganesh Industrial Hub, Changa Village, Jamnagar, Gujarat, 361012
Registrar Contact Details
Kfin Technologies Ltd.
04067162222, 04079611000
Frequently Asked Questions
Click any question to reveal the answer
Narmadesh Brass Industries IPO is a Fixed Priced IPO worth ₹8,71,200 shares (agg. up to ₹45 Cr). The issue price is ₹0 per share (fixed price). The IPO opens on Jan 12, 2026 and closes on Jan 16, 2026. It will be listed on BSE SME Platform. Kfin Technologies Ltd. is the registrar.
The issue price of Narmadesh Brass Industries IPO is ₹0 per share (fixed price).
The lot size of Narmadesh Brass Industries IPO is 240 shares.
The minimum investment for Narmadesh Brass Industries IPO is not announced yet .
Narmadesh Brass Industries IPO opens on Jan 12, 2026 and closes on Jan 16, 2026.
The allotment date of Narmadesh Brass Industries IPO is Jan 19, 2026.
Narmadesh Brass Industries IPO is expected to be listed on Jan 21, 2026, on BSE SME Platform.
The Grey market premium (GMP) for Narmadesh Brass Industries IPO indicates market sentiment and potential listing expectations based on unofficial trading activity.
Narmadesh Brass Industries IPO valuation snapshot: P/E 19.9, EPS ₹25.87/-, P/B 5.50, RoNW 49.99%, and market cap 159.7 Cr.
To apply for Narmadesh Brass Industries IPO, open the IPO Ji app or website, select the IPO, choose your demat account, enter the quantity, and submit the application.
You can check the live subscription status of Narmadesh Brass Industries IPO on IPO Ji or stock exchange websites. It shows real-time demand across retail, NII, and QIB categories.
Pre-apply allows investors to submit their IPO application before the bidding period starts. The order is placed automatically when the IPO opens.
If you pre-apply for Narmadesh Brass Industries IPO, your order will be placed when the IPO bidding starts, and a UPI mandate request will be generated.
You can check Narmadesh Brass Industries IPO allotment status on the registrar or stock exchange websites using your PAN or application number after allotment. You can also check the Narmadesh Brass Industries IPO allotment status on IPO Ji for quick and easy access.